Brokered Out Hire Purchase for Existing Customer

Opportunity:

Purchase of a caravan on The Warren in Abersoch, an exclusive holiday resort in North Wales

Approach:

Speed was key due to the popularity of the site. The caravan was for family use by one of the directors and he was looking to fund the purchase through the business.

Solution:

An asset financier was sourced who specialises in Leisure and who offered the flexibility for the director to fund the purchase through the business with solely his personal guarantee.